Daily Archive: Friday, March 12, 2010

Articles published on Friday, March 12, 2010

Pegasus Food & Beverages Operations Manager Damion Griffith

No gambling at the Pegasus on my watch – Badal

– unveils elaborate US$8M renovation plan Any thought that the Pegasus Hotel might be tempted to follow the Princess International into the gaming industry was effectively killed off by the Chief Executive Officer of 40-year old flagship property earlier this week when he told Stabroek Business that no casino will be established there under his watch.

Acting GGMC Commissioner  William Woolford

As deadlines near for US, EU bans on mercury exports…

Mining sector ponders alternative methods of gold recovery Even as the international community prepares to make decisive moves to reduce the production and global sales of mercury, the local mining sector, particularly the large numbers of small-scale miners, is pondering the challenge of finding alternatives to what has traditionally been the ‘approved’ method of alloying the precious metal.

Assad Fudadin

GCB National Three-Day Cricket Competition

Sinclair, 258 n.o,  Fudadin, 150,  pound Skeldon A double century from Jason Sinclair and a century from national middle order batsman Assad Fudadin helped Rose Hall Town Gizmos and Gadgets team to a massive victory over Skeldon when the Georgetown Cricket Board (GCB) National Three-Day Tournament continued in the Ancient County.

IMF Reform

Business Editorial Perhaps much later than ought to have been the case the Managing Director of the International Monetary Fund (IMF) Dominique Strauss-Khan set out what he describes as “a vision that responds to the challenges our 186 member countries are facing in the post-crisis era” in a paper delivered exactly two weeks ago to the Annual Meeting of the Bretton Woods Committee in Washington.

The new executive body of the GRFU with President Kit Nascimento sitting second from left. Also in the photo are from left (sitting) Robin Roberts, Roxanne Thomas-Alleyne and Nicole Nero. Standing from left are Joseph Rahaman, Curtis Jacobs Lt. Colonel Leyland Saul and Michael Mc Cormack. (Orlando Charles photo)

GRFU cash strapped wants govt help

By Marlon Munroe With a demanding international schedule this year the new executive of the Guyana Rugby Football Union (GRFU) indicated yesterday that it is currently cash strapped and unable to solely finance teams’ participation at various international assignments.

Under scrutiny: Local law-enforcement officers.

Corruption extensive at every level of law enforcement, government in Guyana

-Wall Street Journal/Heritage Foundation report says inefficient financial systems compromising private sector growth The Wall Street Journal/Heritage Foundation 2010 Index of Economic Freedom in Guyana has said that the country’s financial system is plagued by inefficiency and a poor institutional framework that continues to compromise the growth of the business community.

The Speaker cannot move an amendment

Dear Editor, I refer to a letter written by Dr Cheddi (Joey) Jagan (Jr) and published in Stabroek News on  March 10, under the caption ‘Ramkarran should take the lead in convincing others in party…’ in response to a letter I wrote, which was published in SN on March 9 (‘Ramkarran was referring to an existing constitutional right…’).

Western US, Canada go own way on carbon trading

SAN FRANCISCO (Reuters) – As US prospects for a national climate change bill fade, five US states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.

Are the processes within the PPP manipulated?

Dear Editor, Miranda La Rose in an article in the SN dated August 10, 2008, captioned ‘PPP central committee votes – Ramkarran disappointed, cites lobby against him’ stated, “PPP Central Committee Member and Speaker of the National Assembly Ralph Ramkarran is disappointed at the low vote tally he received for his seat on the Central Committee of the PPP at its recent congress and cited a lobby against him as the reason for his decline in the party rankings.”

Guyana moving closer to Credit Bureau legislation

– passage of new laws expected this year Commercial banks and other local lending agencies are eagerly anticipating the passage in the National Assembly later this year of a Credit Reporting Bill that will create a quick reference rating for potential borrowers.

Reuters World News Highlights

ATHENS – Police clashed with stone-throwing youths in Athens yesterday as tens of thousands of strikers protested against draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 346’s trading results showed consideration of $1,505,367 from 78,450 shares traded in 8 transactions as compared to session 345 which showed consideration of $5,686,129 from 485,234 shares traded in 19 transactions. 

GCA call up 38 for U19 Inter-County tourney

– trials get underway today at Malteenoes Sports Club ground Thirty-eight Under19 cricketers will be in action this weekend as the Georgetown Cricket Association (GCA) embarks on preparation for the upcoming Demerara Cricket Board Inter Sub Association competition.

Uniqueness

Readers of our print copy would have been spared the online debate among bloggers arising from what we had thought to be a fairly innocuous but useful historical piece on the houses of Queen’s College appearing in our Sunday edition of March 7.

Cheddi, Desmond and Alice – in March

Frankly Speaking…By A.A. Fenty How does the cocaine get here? The country’s still-largest trade union, the Guyana Agricultural and General Workers Union (GAWU), represents workers in the Sugar, Forestry, Alcoholic Beverages, Rice and Fisheries Sectors, among other areas of our national economy.